News Release

Mar 21, 2011

Daifuku Announces New U.S. Holding Company

Chicago, Ill. — Daifuku Co., Ltd. (Daifuku) announced today at the Material Handling Industry of America’s ProMat Show that it has formed Daifuku Webb Holding Company to oversee all of its U.S. subsidiaries including Jervis B. Webb Company and Daifuku America Corporation. The new holding company began operating on January, 1, 2011.
Daifuku’s Managing Director Takashi Hiramoto serves as Chairman and Co-CEO of Daifuku Webb Holding Company. Brian Stewart serves as President and Co-CEO of the holding company, in addition to serving as President and Co-CEO of Jervis B. Webb Company. Nobo Morita continues to serve as President of Daifuku America Corporation, in addition to serving as a board member of Daifuku Webb Holding Company.

“We established Daifuku Webb Holding Company to improve coordination efforts among our North American businesses,” said Masaki Hojo, President and Co-CEO of Daifuku Co., Ltd. “By increasing the exchange of ideas, products and resources, we will achieve greater success and better service to our customers.”

Daifuku Webb Holding Company is headquartered in Farmington Hills, Michigan.

In addition to the holding company, a new Daifuku Webb logo was also introduced, which will be featured on Webb and Daifuku America’s marketing materials. The logo helps further unify the two companies and capitalizes on the strength of Daifuku and the prominence of Webb in the United States.

A website was also developed for the holding company at www.daifukuwebb.com and includes links to Webb and Daifuku America’s websites (www.jervisbwebb.com and www.daifukuamerica.com).

About Daifuku Co., Ltd.

Daifuku Co., Ltd. is a leading material handling company that provides comprehensive consultation, planning, engineering, design, manufacturing, sales, installation and aftermarket services. Its products range from storage systems, transport systems, sorting and picking systems, control and information systems, material handling equipment, car wash machines and to bowling alley equipment. Daifuku is headquartered in Osaka, Japan, with manufacturing locations in Japan, United States, China, Korea, Taiwan and Thailand. The Company was founded in 1937.